The white bars indicate the crossing of moving averages... when it happens at the moment the candle is above the "water" (emerged), we call this event 'emerged crossing' and it represents a bull flag. This is part of our method called 'water crossing' that has proven to be efficient over a long period of time. In this case, the bull flag was confirmed for the 5th time in a row... proving that it's not coincidence and revealing the real power of technical analysis!
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We remain 100% accurate so far... if that B of ABC correction break, so... strong bull flag and will represent a decisive breakout (dashed white line).